Welcome to 435 &' 435½ S. Palm Ave, a rare and valuable investment opportunity located in the heart of Santa Paula. This unique property features two detached single-family homes on one lot, each offering 2 bedrooms and 1 bathroom, with a combined total of approximately 1,312 square feet of living space. Set on a generous 6,000 sq ft lot, this versatile property is ideal for investors looking to generate immediate income or for homeowners seeking a multi-generational living setup with future development potential.
Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one.
What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there''s an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family.
Whether you''re a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added upside, 435 &' 435½ S. Palm Ave offers flexibility, income, and future growth—all in a charming and well-located Santa Paula neighborhood.
Each unit is separately metered, and tenants pay all utilities, providing a low-maintenance and cost-efficient investment. Both homes enjoy off-street parking, and although there are no garages, the layout offers convenience and privacy for each household. The property is currently occupied by reliable, long-term tenants, ensuring steady cash flow from day one.
What truly sets this property apart is its development potential. With ample lot space and favorable zoning, there''s an excellent opportunity to add on to the existing structures or build an Accessory Dwelling Unit (ADU) to further increase rental income or accommodate extended family.
Whether you''re a seasoned investor looking to expand your portfolio or a savvy buyer exploring multi-unit living with added upside, 435 &' 435½ S. Palm Ave offers flexibility, income, and future growth—all in a charming and well-located Santa Paula neighborhood.
Property Details
Price:
$699,000
MLS #:
SR25134471
Status:
Active
Beds:
4
Baths:
2
Address:
435 S Palm Avenue
Type:
Single Family
Subtype:
Duplex
Neighborhood:
splsantapaula
City:
Santa Paula
Listed Date:
Jun 23, 2025
State:
CA
Finished Sq Ft:
1,312
ZIP:
93060
Lot Size:
5,662 sqft / 0.13 acres (approx)
Year Built:
1890
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Schools
School District:
Santa Paula
Interior
Accessibility Features
Parking
Cooling
Central Air
Fireplace Features
None
Flooring
Tile, Wood
Heating
Central
Interior Features
Ceiling Fan(s), Open Floorplan
Exterior
Community Features
Storm Drains, Street Lights, Suburban
Electric
Electricity – On Property
Fencing
Block, Wood
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre, Back Yard, Front Yard, Landscaped, Lawn, Level, Yard
Parking Features
Carport, Driveway, Asphalt, Street
Parking Spots
4.00
Pool Features
None
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sewer
Public Sewer
Stories Total
1
View
Neighborhood
Water Source
Public
Financial
Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Map
Community
- Address435 S Palm Avenue Santa Paula CA
- AreaSPL – Santa Paula
- CitySanta Paula
- CountyVentura
- Zip Code93060
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435 S Palm Avenue
Santa Paula, CA
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